Foundation for Seminole County Public Schools Inc
Analysis
Foundation for Seminole County Public Schools Inc is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Foundation for Seminole County Public Schools Inc reported income of $4.0m and spending of $4.0m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $4.6m to $4.0m (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Seminole County Public Schools Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Florida High School for Accelerated Learning - West Palm Beach Campus ($4.0m), Oak Hills Fellowship Inc ($4.0m) and Olive Children Foundation ($4.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $630k. At year end it held assets of $6.2m against liabilities of $210k, net assets of $6.0m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Other 7.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Florida High School for Accelerated Learning - West Palm Beach Campus | Boynton Beach | $4.0m |
| Oak Hills Fellowship Inc | Bemidji | $4.0m |
| Olive Children Foundation | Fremont | $4.0m |
| Union County College Foundation Inc | Cranford | $4.0m |